Recommendations and Mitigation Steps

Therefore, the parties must be careful and thorough when drafting and reviewing the draft agreement until the signing process. The school, such as legal analysts, administration, and leaders (principals, secretaries, treasurers, and MBG program managers), must play an active role. They need to understand every detail of the agreement carefully and completely so that they are not harmed in the future. The clauses that need to be the main focus in this kind of agreement include:
  • Scope of cooperation
  • Rights and obligations of the parties
  • Term of agreement
  • Liability clause
  • Default (breach of contract)
  • Force majeure (force majeure)
  • Sanctions, fines, and compensation
  • Confidentiality of information
  • Dispute resolution mechanism